Underwritten public equity offering
Company: CleanSpark
What the later record shows
Not a promise: a reported event · happened October 8, 2020
The claim says CleanSpark had already completed the offering and received about $37.0 million in net proceeds, so it reports a past event. No later passage mentions the offering's closing. The date shown is the statement date, which is approximate.
Checked October 9, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
CleanSpark completed an underwritten public offering of 4,444,445 shares of common stock at $9.00 per share, receiving net proceeds of approximately $37.0 million, with H.C. Wainwright & Co., LLC as sole book-running manager.
Source (primary)
CleanSpark 8-K filed 2020-10-09 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “the Company agreed to sell to the Underwriter, and th e Underwriter agreed to purchase for resale to the public, in a firm commitment underwritten public offering, 4,444,445 shares (the "Shares") of the Company's common stock, $0.001 par value per share (the "Common Stock"), at a price to the public of $9.00 per share, less underwriting discounts and commissions ... The Company received net proceeds from the sale of the Shares, after deducting underwriting discounts and commissions and other estimated offering expenses payable by the Company, of approximatel y $37.0 m illion.”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
The 8-K states the share count, $9.00 price, approximately $37.0 million in net proceeds, H.C. Wainwright's role as sole book-running manager, and that the offering closed on October 9, 2020.
Confirmed in the source:
- CleanSpark conducted a firm commitment underwritten public offering of its common stock
- The offering consisted of 4,444,445 shares of common stock
- The price to the public was $9.00 per share
- CleanSpark received net proceeds of approximately $37.0 million after underwriting discounts, commissions and estimated offering expenses
- H.C. Wainwright & Co., LLC acted as sole book-running manager for the offering
- The offering was completed, closing on October 9, 2020
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/827876/000166357720000374/clsk8k.htm) in full (7,256 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms CleanSpark 8-K filed 2020-10-09
Quote: “the Company agreed to sell to the Underwriter, and th e Underwriter agreed to purchase for resale to the public, in a firm commitment underwritten public offering, 4,444,445 shares (the "Shares") of the Company's common stock, $0.001 par value per share (the "Common Stock"), at a price to the public of $9.00 per share, less underwriting discounts and commissions ... The Company received net proceeds from the sale of the Shares, after deducting underwriting discounts and commissions and other estimated offering expenses payable by the Company, of approximatel y $37.0 m illion.”